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- H.R.3651
H.R.3651: RAPID Act
About This Bill
- Introduced June 1, 2021
- Latest Major Action June 2, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - June 1, 2021
Bill Summary
Revitalizing American Priorities for Infrastructure Development Act or the RAPID Act This bill revises the transportation infrastructure finance and innovation (TIFIA) program to (1) require program applicants to obtain investment grade ratings from at least two credit rating agencies, unless the federal credit instrument is less than $150 million (currently, less than $75 million), in which case one rating will suffice; (2) require the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 2, 2021 |
Referred to the Subcommittee on Highways and Transit.
|
| June 1, 2021 |
Referred to the House Committee on Transportation and Infrastructure.
|
| June 1, 2021 |
Introduced in the House by Colin Allred (D-Texas) |